Before the revaluation of the peso, that coin was worth 3.333 cents. When revaluation occurred, the exchange rate was roughly 3000 pesos to the dollar, so they just took 3 zeros off. The coinage was demonetized at revaluation

You couldn't give the $100 coin away if you tried. Now, way back when, when I was a starving college student, I would buy the old 1 peso coins by the bag, and sell them to other students at 10 for a buck. They worked great in the laundry machines on campus, and off....

I hated having pockets of those bleeping $100's. They're heavy, and people loved to give you piles of 'em in change.

I just checked. The peso traded at 3119.15 pesos to the dollar on the day before revaluation.

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2015 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.Contact Us | Advertise Here | Privacy Policy / Terms of Use